|Bid||67.21 x 800|
|Ask||69.65 x 1800|
|Day's Range||67.01 - 68.43|
|52 Week Range||35.61 - 72.00|
|Beta (5Y Monthly)||1.83|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 26, 2020 - Apr 30, 2020|
|Forward Dividend & Yield||2.00 (2.87%)|
|Ex-Dividend Date||Apr 01, 2020|
|1y Target Est||79.77|
Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a quarterly cash dividend of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on April 17, 2020, to the company's stockholders of record as of April 3, 2020.
Western Digital (WDC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The latest U.S.-China trade war news. Quarterly earnings results from the likes of Twitter. The episode then dives into an Uber Q4 earnings preview, before it closes with why Western Digital is a Zacks Rank 1 (Strong Buy) stock...
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Western Digital enters into a definitive agreement to sell its sell its ActiveScale™ product line business to Quantum Corp.
Western Digital's (WDC) second-quarter 2020 results benefit from product additions. However, softness in NAND flash pricing trends and decline in client HDD remain a headwind.
Seagate's (STX) second-quarter fiscal 2020 results are likely to reflect strength in enterprise HDD sales amid stiff competition from Western Digital.
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Shares of Western Digital Corp. are up 4.7% in premarket trading Friday after the company issued an upbeat earnings forecast the prior afternoon. "There isn't much here to dislike - the tone of the call was one of the best we have heard all earnings season," wrote Cowen & Co. analyst Karl Ackerman. "Most notably, the company articulated it expects NAND [gross margins] will progress toward its long-term target of 35-40% in the second half of C2020, as the company should be a primary beneficiary of improving supply/demand dynamics and faster than expected share gains in enterprise [solid-state drives]." He reiterated his outperform rating and $88 target price. Susquehanna's Mehdi Hosseini said that Western Digital's "earnings power [is] on the rise" as he now expects annualized earnings per share of about $8 by the end of 2020 and $10 by the end of 2021. Hosseini rates the stock at positive while hiking his target to $100 from $90. Shares have risen 30% over the past three months, as the S&P 500 has risen 8%.
Western Digital (WDC) delivered earnings and revenue surprises of 10.71% and 0.49%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Western Digital earnings topped Wall Street estimates and matched on revenue for the provider of memory chips and disk drives. Western Digital stock rose in after-hours trading.
Western Digital Corp. shares rose 6% in after-hours trading Thursday after the data-storage provider reported second-quarter earnings largely in line with Wall Street expectations. Western Digital said it lost $139 million, or 47 cents a share, in the quarter, compared with a loss of $487 million, or $1.68 a share, in the year-ago second quarter. Revenue was flat at $4.2 billion year-over-year. Analysts surveyed by FactSet had expected a loss of 25 cents a share on sales of $4.2 billion. Western Digital shares are up 48.8% over the last 12 months. The S&P 500 index has gained 21.4% the last year.
Western Digital Corp. (Nasdaq: WDC) today reported revenue of $4.2 billion for its second fiscal quarter ended January 3, 2020. Operating income was $50 million with a net loss of $139 million, or ($0.47) per share. Excluding certain non-GAAP adjustments, the company achieved non-GAAP operating income of $333 million and non-GAAP net income of $187 million, or $0.62 per share.
Western Digital Corp. (NASDAQ: WDC) today announced that it has successfully developed its fifth-generation 3D NAND technology, BiCS5, continuing the company’s leadership in delivering the industry’s most advanced flash memory technologies. BiCS5, built on triple-level-cell (TLC) and quad-level-cell (QLC) technologies, delivers exceptional capacity, performance and reliability at a compelling cost. This makes it ideal to address the exponential growth of data associated with connected cars, mobile devices and artificial intelligence.
Santa Clara, California--(Newsfile Corp. - January 30, 2020) - Western Digital's (NASDAQ: WDC) industry-leading NVMe-oF™ Bridge ASIC and NVMe-oF Bridge Adapter Card provide low latency, low power and high IOPS silicon solutions for the revolutionary Composable Disaggregated Infrastructure (CDI). The Ethernet connection is powered by eTopus Technology's 28Gbps ePHY IP. eTopus Technology will have a live demo of Western Digital's ASIC product at DesignCon 2020 (Booth 539), Santa Clara Convention Center, Jan. 29-30, 2020.Western ...
Western Digital (NASDAQ:WDC) reported on Thursday second-quarter results that beat analysts' forecasts and offered up a sunnier outlook on chip demand for the year ahead. Western Digital had reported EPS of $0.34 on revenue of $4.04B in the previous quarter. “The December quarter results reflect strong execution in our product roadmap, success in increasing our hard drive gross margin, and an improving flash market,” said Steve Milligan, chief executive officer, Western Digital.